We are definitely aligned with the analysis you shared. We have also noted that recent additions don’t necessarily serve the users. It is still good to see the community taking over the steps to list new tokens as a sign of a healthy decentralized governance. But we also suggest a slowdown might considered at this point to avoid a “race to the bottom” strategy to pursue the current listing pace, only to going lower and lower down the risk curve. We always advocate for quality over quantity and the latest additions seems to fall more in the latter category.
As the representative of PRO Delegators’ validator, we will begin to decline proposals that do not meet our risk threshold. You correctly pointed out the potential of the AMM feature to enhance service for less liquid pairs, and we agree. Pending this development, we will implement a more stringent decision framework for voting on new applications.